GoGuardian Acquires TutorMe
GoGuardian, the leading education technology company helping create more effective and safer learning environments, today announced the completion of its acquisition of TutorMe, an online tutoring solution creating access and opportunity for all students. With the addition of TutorMe to GoGuardian’s family of education solutions, nearly 25 million public K-12 students — one in two — now benefit from GoGuardian technology as part of their learning journey.
Amid a recent marked demand for tutoring services in K-12 education, TutorMe has grown its customer base and team three-fold in the past two years. Combined with GoGuardian’s solutions for classroom management, engagement, and student safety, TutorMe extends GoGuardian’s mission to accelerate positive learning outcomes for all students.
“The demand for supplemental academic support has never been greater, and schools need every tool at their disposal to support students and teachers,” said Advait Shinde, CEO of GoGuardian. “GoGuardian and TutorMe share a commitment to changing the education landscape so that learning is more convenient, effective, and equitable for all students. We’re excited to join our teams in order to better support the students, schools, and districts we serve.”
TutorMe provides individualized services, 24/7, to more than 1.5 million students in over 300 subjects. The on-demand platform mirrors a one-on-one, in-person tutoring session with live video and voice functionality. TutorMe makes personalized learning support easy and affordable so that all students — no matter their resources, background, or location — have equitable access to high-quality tutoring.
“GoGuardian is a natural pairing for TutorMe because of our common goal to support positive learning outcomes for all students,” said TutorMe CEO and Co-founder Myles Hunter. “TutorMe saw a 600% surge in demand during the pandemic, and students continue to experience the effects of pandemic-related learning challenges. Joining forces with GoGuardian presents a unique opportunity to reach students with personal academic support when and where they need it.”
With the back-to-school season on the horizon and a critical year ahead for educators to help students close pandemic-related learning gaps, TutorMe and GoGuardian also announced an offer for 50% off the first year of a TutorMe Equity Plan for the first 50 K-12 school-district partners that sign an Order Form for the TutorMe Equity Plan during the period beginning on June 27 and ending Aug. 30, 2022. The aim of this offer is to make high-quality, on-demand tutoring even more accessible to K - 12 districts that provide TutorMe as a free service to their students. District leaders interested in the offer can find out the complete details of this offer, including eligibility requirements and exclusions, at https://tutorme.com/iste-22.
The acquisition was led by GoGuardian and Sumeru Equity Partners, a technology-focused growth capital firm that first backed GoGuardian in 2018 with a significant strategic investment. Berenson & Company and Macquarie Capital served as financial advisors to GoGuardian and Sumeru Equity Partners in connection with the transaction.